Category: Procurement

To be represented in the global market and attain impressive success, a company needs to make sure that the quality of its services is top-notch. However, when growing increasingly large and entering a big number of markets, an organization may lose the track of some of its vital processes. To create a sustainable environment, in…

The research, which has been carried out, is aimed at analyzing procurement methods and their use. In particular, it is of the crucial importance to identify the major criteria for creating the customers profile and organizing delivery. We should also pay extra attention to the choice of particular technique, and the factors, which influence the…

Table of Contents Introduction Objectives Cost Estimations Assumptions and Timeframe References Appendix A Introduction The ability to reduce the time required to explain a task to an employee and track its completion can significantly affect the efficiency of the company and improve the bottom line. This project aims to improve the current practices used in…

This recommends the implementation of e-procurement system (CXeBuy, namely) by Cathay Pacific due to the benefits that should be experienced by the company with the course of time. As the focus is made on the improvement of the purchasing process and capability, there is a necessity to develop an e-business valuation as well, so that…

The industry of space exploration in the U.S. has always been dominated by NASA, the government agency responsible for operating in the sphere of aeronautics, yet, the emergence of SpaceX changed the status quo. The company, led by entrepreneur Elon Musk has proved over a short period of time that it can build reliable spacecraft…

Recommendations The procurement authority should adapt fixed-price lump-sum contracts where cost over-runs are met solely by the contractor in case of any. Introducing this new direction in the procurement and bidding world will be fundamental to protecting taxpayers from such risks. Armstrong and Sambamurthy (2006) assert that risk-sharing between the public and the contracts is…

Introduction Procurement is an essential part of business activities because there are many benefits that are accrued from the process. The evolution of market economies has made it important for companies to focus on effective procurement activities because there has been a great need to improve the competitiveness of the production process. To maintain a…